Us Personal Loans

The untimely departure of Sallie Krawcheck and the firing of Carol Bartz shed a light on a bigger problem that exists in the business world. Too few women leaders show us a lopsided view of the business world. Through the years, men dominated that arena, and things were starting to look up recently, but there is an absence of women in high-profile leadership roles.

Women only account for about 14 percent of the executives and that number is stagnant. More women are receiving college degrees than ever before, but they are poorly represented in the top tiers of businesses. This issue is often ignored as some people like it the way it is and are resistant to change, regardless of the benefit.

Last weekend, there was a symposium on the matter and these issues were addressed in detail. Five-hundred women were in attendance, some were still in college while others were in the trenches trying to increase the visibility of women in executive positions. The conference included guest speakers and tackled many issues including stereotyping, one of the most damaging problems.

Sponsorships were also addressed as many would-be executives need the sponsorship of a senior-level executive to climb the ranks. It seems as though women are not getting the recognition and that the “old guard” is so used to working with men, they continue the trend inadvertently. That needs to change as there are certainly positives to having more women in executive roles.

Facts and statistics show that when women are in executive roles, companies do better financially. Companies with more women performed better, with 35% higher return on equity as well as 34% higher return to their shareholders. The job of a company is to return value to their shareholders so you would think they would be screaming for them to hire more women. As it stands, the economy gets worse while a group of people remains untapped through no fault of their own.

What do you think?

Similar Posts:

• Advantages and Disadvantages of Profit Margin
• Grants for Woman-Owned & Minority-Owned Businesses
• FDIC Sues IndyMac Ex-CEO For Negligence
• Money Grants for Senior Citizens
• Student Loan forbearance or Deferment